About ShopShops
ShopShops is a company based in New York (United States) founded in 2016 by Xiao Qian Hang and Liyia Wu. ShopShops has raised $64.21 million across 4 funding rounds from investors including TCG Ventures, LightShed Ventures and Acrew Capital. The company has 58 employees as of December 31, 2021. ShopShops offers products and services including Luxury Bags, Jewelry, Accessories, and Shoes. ShopShops operates in a competitive market with competitors including Flip, NTWRK, talkShopLive, buywith and Diddo, among others.
- Headquarter New York, United States
- Employees 58 as on 31 Dec, 2021
- Founders Xiao Qian Hang, Liyia Wu
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Ishopshops, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$64.21 M (USD)
in 4 rounds
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Latest Funding Round
$29.11 M (USD), Series B
Jun 07, 2022
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Investors
TCG Ventures
& 11 more
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Employee Count
58
as on Dec 31, 2021
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Products & Services of ShopShops
ShopShops offers a comprehensive portfolio of products and services, including Luxury Bags, Jewelry, Accessories, and Shoes.
Platform for purchasing authentic pre-owned designer bags from top brands.
Collection of pre-owned necklaces, earrings, and rings from premium designers.
Range of pre-owned belts, sunglasses, and scarves for everyday luxury.
Selection of authentic pre-owned designer shoes and boots.
People of ShopShops
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Funding Insights of ShopShops
ShopShops has successfully raised a total of $64.21M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $29.11 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ShopShops
ShopShops has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include TCG Ventures, LightShed Ventures and Acrew Capital.
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LightShed Ventures is engaged in venture capital investments.
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Early-stage startups are funded by Acrew Capital venture firm.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Investor details for ShopShops
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by ShopShops
Investment portfolio details for ShopShops
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- Transaction dates
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Financial Statements - ShopShops
Detailed financials for ShopShops
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Shopshops Comparisons
Peer comparison for ShopShops
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of ShopShops
ShopShops operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flip, NTWRK, talkShopLive, buywith and Diddo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online retailer of pre-owned refurbished smartphones
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Online platform for live video-based shopping
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Multi-category products are showcased via online live streaming platform.
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Live-video commerce solutions are provided for business streaming sales.
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AI-based live streaming solutions are provided for e-commerce brands.
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Detailed competitors of ShopShops
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Latest news on Shopshops
Complete news archive for ShopShops
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- Full article archive
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Frequently Asked Questions about ShopShops
ShopShops was founded in 2016 and raised its 1st funding round 2 years after it was founded.
ShopShops is headquartered in New York, United States. It is registered at New York, New York, United States.
Liyia Wu is the current CEO of ShopShops. They have also founded this company.
ShopShops is a funded company, having raised a total of $64.21M across 4 funding rounds to date.
As of Dec 31, 2021, the latest employee count at ShopShops is 58.
ShopShops was founded in 2016 and is headquartered in New York, United States. An online platform is operated to facilitate the sale of luxury fashion items through live streaming sessions. The catalog encompasses bags, wallets, eyewear, hats, scarves, and jewelry across multiple categories. Co-founders include Xiao Qian Hang and Liyia Wu, who serves as CEO. Operations focus on e-commerce within the luxury sector.
ShopShops's top competitors include NTWRK, talkShopLive and buywith.
ShopShops offers Luxury Bags, Jewelry, Accessories, and Shoes.
ShopShops has 12 investors. Key investors include TCG Ventures, LightShed Ventures, Acrew Capital, Union Square Ventures, and Forerunner Ventures.